The European Court of Justice annulled on Wednesday the European Commission’s decision on ordering the e-commerce company Amazon to pay back €250 million ($303 million) plus interest to Luxembourg.

Chinese telecoms giant Huawei announced Saturday an action plan to "light up" 1,000 smart factories with its 5GtoB solution, in a bid to accelerate China's industrialization process, Baku Tribune reports citing Xinhua.

Pakistan will start reaping the benefits of the second phase of the China-Pakistan Economic Corridor (CPEC) in the form of industrial and agricultural development and a better road connectivity, Chairman of Pakistan's CPEC Authority Asim Saleem Bajwa said.

Top oil exporter Saudi Arabia is expected to cut its official selling prices (OSPs) for Asia in June, tracking weakness in Middle East benchmark Dubai and demand uncertainty amid a new wave of regional COVID-19 outbreaks, a Reuters survey showed.

President of the State Oil Company of Azerbaijan (SOCAR) Rovnag Abdullayev has met with Georgian Prime Minister Irakli Garibashvili as part of his working visit to Georgia, reports Baku Tribune citing Azertac.

Price for July of 2021 agreement on the exportation of Brent crude oil has decreased by 1,91% to stand at $ 67,25 for a barrel during trade operations held in ICE London Intercontinental Exchange, Baku Tribune.

Price for July of 2021 agreement on the exportation of Brent crude oil has increased by 0.24% to stand at $ 66,94 for a barrel during trade operations held in ICE London Intercontinental Exchange, Baku Tribune reports.

Price for July of 2021 agreement on the exportation of Brent crude oil has decreased by 0,02% to stand at $ 65,86 for a barrel during trade operations held in ICE London Intercontinental Exchange, Baku Tribune reports.

The price of Azeri Light (CIF) crude oil has decreased on the world market, Baku Tribune reports.

Oil prices have decreased on the world markets.

Oil prices are expected to average $56/bbl in 2021 before rising to $60/bbl in 2022, a substantial upward revision from the October report, Baku Tribune reports.

Price for June of 2021 agreement on the exportation of Brent crude oil has increased by 1.01% to stand at $ 67,73 for a barrel during trade operations held in ICE London Intercontinental Exchange, Baku Tribune reports.

1,09 bln. cubic meter gas was produced from Umid gas-condensate field, located in Azerbaijani sector of the Caspian Sea, last year, which is 28.2% more in annual comparison, Deputy Chairman of Public Relations and Events Management Department of SOCAR Ibrahim Ahmadov told Baku Tribune.

Azerbaijan has ranked 2nd in terms of achieving the Sustainable Development Goals (SDGs) targets among the 57 Islamic Development Bank (IsDB) member countries, according to the new report published by the Islamic Research and Training Institute (IRTI) of the IsDB Group.

The German economy probably shrank by 1.8% in the first quarter because of COVID-19 restrictions, leading economic institutes said on Thursday as they revised their joint growth forecast for Europe’s largest economy, Baku Tribune reports citing Reuters.

The price of Azeri Light (CIF) crude oil has increased on the world market, Baku Tribune reports.

Oil prices have decreased on the world markets.

American e-commerce firm Amazon's workers on Friday voted against unionizing in the state of Alabama, according to the National Labor Relations Board (NLRB) results.

A total of 110 business cooperation and 150 cross-border financing projects have been inked within the framework of a China-Singapore connectivity initiative, as of the end of March, according to a report released Friday.

Price for June of 2021 agreement on the exportation of Brent crude oil has decreased by 0.40% to stand at $62,95 for a barrel during trade operations held in ICE London Intercontinental Exchange, Baku Tribune reports.

Project of Hadrut-Jabrayil-Shukurbayli was launched immediately after after groundbreaking ceremony of the new highway during the visit of President of the Republic of Azerbaijan, Commander-in-Chief of the Armed Forces Ilham Aliyev and First Lady Mehriban Aliyeva to the liberated Fizuli and Khojavend regions on March 15, Baku Tribune reports.

The price of Azeri Light (CIF) crude oil has decreased on the world market, Baku Tribune eports.

Ryanair on Wednesday said it expected to post a smaller than expected loss in the year to the end of March and said the Irish airline expected to be “close to breakeven” in its current financial year, Baku Tribune reports citing Reuters.

Strong economic data from China and the United States helped lift oil prices by more than 1% on Tuesday, recouping some of the previous session’s losses, APA reports citing Reuters.

Oil prices have increased on the world markets.

The dollar remained unchanged at 76.39 rubles at the opening of trading on the Moscow Exchange on Tuesday.

The first express container block train under the TURKUAZ project has left from Paysan station in Turkey. İt consists of 21 containers, each 45 feet long, loaded with plant-based animal supplements.

Global Ambassador's Journal has published an article by Ambassador of the Republic of Azerbaijan to the Kingdom of the Netherlands Fikrat Akhundov headlined “Azerbaijan as an ancient center of trade and transport”.